Rite Aid to close 28 noncore Las Vegas locations

CAMP HILL, Pa. Rite Aid announced noontime on Friday that it will terminate its operation of the 28 Rite Aid stores in the Las Vegas area—a noncore market that hasn’t been contributing to Rite Aid’s overall results—and has signed an agreement to sell patient prescription files at the 27 stores in the Las Vegas metro market to Walgreens.

Terms of the transaction were not disclosed.

Rite Aid said it is in the process of also selling the prescription files of the one store it operates in Mesquite, Nev. and will also close that store.

Rite Aid said it will continue to operate its remaining store in Nevada—in Gardnerville—which is close to the border of California where Rite Aid has more than 600 stores.

Transfer of the prescription files to nearby Walgreens will take place over the next week.

Poll

Poll

SPECIAL REPORTS

Are we in the midst of a beauty revolution? Perhaps. It is no secret that the ever-changing beauty category is all about trends, but one could argue that we are embarking on an especially interesting time in beauty as technology is changing the way consumers shop and new innovations strive to break through the noise.

In this beauty report, Drug Store News takes a deeper dive into some of the leading trends that are reshaping beauty.more ...

IN THIS ISSUE

In this issue, DSN examines PricewaterhouseCoopers' "Top Health Industry Issues for 2015;" takes you on a tour of Murad, shares beauty trends and insights and delves into location-based technology and how it is revolutionizing health, retail.Click here to view the issue.